Penalty levied u/s 271(1)(c) - Considering one of the methods ...
Case Laws Income Tax
December 30, 2015
Penalty levied u/s 271(1)(c) - Considering one of the methods of accounting for determining the profits of the project adopted by the CIT (A) is not free from the debate or dispute. It is also a settled issue that when debate is an integral part of any addition, the concealment penalties will not survive. - AT
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